Paylocity Promotes Toby Williams to President And Co-CEO, And Ryan Glenn To CFO

Steve Beauchamp continues as Co-CEO and Board Member

SCHAUMBURG, Ill., March 14, 2022 (GLOBE NEWSWIRE) — Paylocity, a leading provider of cloud-based HR and payroll software solutions, today announces the promotion of Toby Williams to President and Co-CEO, and Ryan Glenn to CFO effective immediately. Steve Beauchamp, who joined Paylocity in 2007, will continue to serve as Co-CEO and a member of the Board of Directors.

As President and Co-CEO, Williams, who joined Paylocity in 2017 as CFO, will also join Paylocity’s Board of Directors. “Toby is an extremely talented executive who has helped scale and grow our business over the last 4+ years, and I’m very excited for him to join me as Co-CEO as we continue to focus on growing Paylocity by providing world-class service and industry-leading technology to our clients,” said Beauchamp.

“I’m incredibly honored to partner with Steve and our team on the next chapter of growth at Paylocity. We have a significant market opportunity in front of us, and we are making the right investments across the business while also maintaining an award-winning culture for our more than 4,500 employees,” said Williams.

Glenn, who joined Paylocity in 2013, previously served as Senior Vice President of Finance. “I’m very excited for the opportunity to partner with the talented team we’ve built at Paylocity in our next phase of growth,” said Glenn.

Additionally, Michael Haske, who joined Paylocity in 2007 as Vice President of Sales, will step down from his role on September 1, 2022. “Michael has been instrumental in Paylocity’s growth over the past 15 years, having built world-class Sales, Marketing and Operations teams that are well positioned going forward. I thank Michael for all his contributions to the business and culture of Paylocity, and wish him all the best,” said Beauchamp.

“My 15 years at Paylocity have been the highlight of my career and I’m very proud of what we’ve accomplished and the team we’ve built. I continue to be excited about the momentum at Paylocity as we deliver the most modern HCM software to our clients and I look forward to working with our talented team on a successful transition over the next several months,” said Haske.

About Paylocity:

Paylocity (NASDAQ: PCTY) is a leading provider of cloud-based HR and payroll software solutions headquartered in Schaumburg, IL. Founded in 1997 and publicly traded since 2014, Paylocity offers an intuitive, easy-to-use product suite that helps businesses tackle today’s challenges while moving them toward the promise of tomorrow. Known for its unique culture and consistently recognized as one of the best places to work, Paylocity accompanies its clients on the journey to create great workplaces and help people achieve their best through automation, data-driven insights, and engagement. For more information, visit www.paylocity.com.